Trump Administration Is ‘Only Looking To Accumulate’ Bitcoin, Bo Hines Says
Posted On April 15, 2025
Bo Hines, Executive Director of the Presidential Council of Advisers on Digital Assets, offered fresh insights into how the U.S. government plans to build a Bitcoin (CRYPTO: BTC) Strategic Reserve.
What Happened: In an interview with Anthony Pompliano published on Tuesday, Hines emphasized the administration’s goal to acquire Bitcoin without tapping taxpayer funds, instead pursuing innovative approaches such as rebalancing government assets and using non-tax revenue sources.
One of the standout proposals supported by Senator Cynthia Lummis (R-Wyo.) through her 2025 Bitcoin Act is revaluing gold certificates, which are still marked at just $43/oz, to …